Keltener Channels EA
69 USD
Demo downloaded:
17
Published:
17 February 2026
Current version:
1.10
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Version 1.10
2026.03.06
Added Tom Basso Mode (now default) as a second trading mode alongside the original Closed Candles Mode.
Tom Basso Mode treats any live price breach beyond a Keltner band as a breakout signal, no waiting for a candle to close. A buy is triggered the moment ask crosses above the upper band; a sell when bid crosses below the lower band. The stop loss is placed at the opposite band and acts as a trailing stop, updating at each new bar open and moving only in the trader's favour. It never retraces even if volatility expands. The trade closes only when price hits the trailing stop, at which point a reversal in the opposite direction is evaluated on the next price movement.
Inputs labelled [Closed Candles Mode only] (ATR Period, SL ATR Multiple, and Exit Mode) apply exclusively to Closed Candles Mode and are ignored when Tom Basso Mode is active.
Tom Basso Mode treats any live price breach beyond a Keltner band as a breakout signal, no waiting for a candle to close. A buy is triggered the moment ask crosses above the upper band; a sell when bid crosses below the lower band. The stop loss is placed at the opposite band and acts as a trailing stop, updating at each new bar open and moving only in the trader's favour. It never retraces even if volatility expands. The trade closes only when price hits the trailing stop, at which point a reversal in the opposite direction is evaluated on the next price movement.
Inputs labelled [Closed Candles Mode only] (ATR Period, SL ATR Multiple, and Exit Mode) apply exclusively to Closed Candles Mode and are ignored when Tom Basso Mode is active.
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